Summary
GEORGES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.5m and a net result of €211,720. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 5587 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
4 d early
2022
3 d early
2021
4 d early
2020
22 d early
2019
160 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.5m▲ 11.1%
2024 · €1.4m
Net result
€211,720▲ 23.7%
2024 · €171,147
Total assets
€1.6m▲ 14.3%
2024 · €1.4m
Solvency
94.1%▼ 2.7pp
2024 · 96.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€141,590▲ 67.9%€284,796▲ 101%€277,574▼ 2.5%€239,042▼ 13.9%€229,003▼ 4.2%
Net result€127,940within the sector's middle half▲ 19.9%€254,919above the sector's middle half▲ 99.2%€280,457above the sector's middle half▲ 10.0%€171,147within the sector's middle half▼ 39.0%€211,720above the sector's middle half▲ 23.7%
Equity€1.3mwithin the sector's middle half▲ 5.2%€1.5mwithin the sector's middle half▲ 20.2%€1.6mwithin the sector's middle half▲ 3.9%€1.4mwithin the sector's middle half▼ 13.0%€1.5mwithin the sector's middle half▲ 11.1%
Total assets€1.3mwithin the sector's middle half▲ 6.0%€1.6mwithin the sector's middle half▲ 20.5%€1.6mwithin the sector's middle half▲ 5.0%€1.4mwithin the sector's middle half▼ 13.8%€1.6mwithin the sector's middle half▲ 14.3%
Debt€35,909▲ 41.5%€47,491▲ 32.3%€66,581▲ 40.2%€45,295▼ 32.0%€95,826▲ 112%
Working capital€522,936above the sector's middle half▲ 13.7%€725,226above the sector's middle half▲ 38.7%€791,261above the sector's middle half▲ 9.1%€601,450above the sector's middle half▼ 24.0%€765,010above the sector's middle half▲ 27.2%
Solvency97.2%above the sector's middle half▼ 0.7pp97.0%above the sector's middle half▼ 0.3pp95.9%above the sector's middle half▼ 1.0pp96.8%above the sector's middle half▲ 0.9pp94.1%above the sector's middle half▼ 2.7pp
Current ratio15.72above the sector's middle half▼ 3.4016.27above the sector's middle half▲ 0.5512.88above the sector's middle half▼ 3.3914.53above the sector's middle half▲ 1.659.12above the sector's middle half▼ 5.41
Return on assets (ROA)9.9%within the sector's middle half▲ 1.1pp16.3%above the sector's middle half▲ 6.4pp17.1%above the sector's middle half▲ 0.8pp12.1%above the sector's middle half▼ 5.0pp13.1%above the sector's middle half▲ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€759,534 ▼ 1.4%
Current assets
€859,193 ▲ 33.0%
Equity and liabilities €1.6m
Equity
€1.5m ▲ 11.1%
Debt
€95,826 ▲ 112%
Debt's share of the balance-sheet total rises from 3.2% to 5.9%. Equity and debt are higher.
Key figures and ratios
ROE
13.9%▲
2024 · 12.5%
Debt ≤ 1 year
€94,183▲
2024 · €44,453
Income taxes
€80,706▲
2024 · €76,233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,462 | €8,742 | €14,737 | €11,855 | ▼ 19.6% |
| Other operating charges640/8 | - | €988 | €1,293 | €1,155 | €1,166 | ▲ 0.9% |
| Gross operating margin9900 | €142,577 | €289,246 | €287,609 | €254,934 | €242,024 | ▼ 5.1% |
| Operating profit (loss)9901 | €141,590 | €284,796 | €277,574 | €239,042 | €229,003 | ▼ 4.2% |
| Financial income75/76B | - | €62,476 | €99,907 | €9,752 | €65,496 | ▲ 572% |
| Recurring financial income75 | €30,323 | €62,476 | €99,907 | €9,752 | €65,496 | ▲ 572% |
| Financial charges65/66B | - | €583 | €921 | €1,413 | €2,073 | ▲ 46.7% |
| Recurring financial charges65 | €595 | €583 | €921 | €1,413 | €2,073 | ▲ 46.7% |
| Profit (loss) for the period before taxes9903 | €171,317 | €346,689 | €376,559 | €247,381 | €292,426 | ▲ 18.2% |
| Income taxes67/77 | €43,377 | €91,771 | €96,102 | €76,233 | €80,706 | ▲ 5.9% |
| Profit (loss) for the period9904 | €127,940 | €254,919 | €280,457 | €171,147 | €211,720 | ▲ 23.7% |
| Profit (loss) for the period to be appropriated9905 | €127,940 | €254,919 | €280,457 | €171,147 | €211,720 | ▲ 23.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.6m | €1.6m | €1.4m | €1.6m | ▲ 14.3% |
| Fixed assets21/28 | €739,013 | €791,256 | €785,022 | €770,285 | €759,534 | ▼ 1.4% |
| Tangible fixed assets22/27 | - | €52,242 | €46,009 | €31,272 | €20,521 | ▼ 34.4% |
| Plant, machinery and equipment23 | - | - | €2,195 | €1,505 | €1,004 | ▼ 33.3% |
| Furniture and vehicles24 | - | €52,242 | €43,814 | €29,766 | €19,517 | ▼ 34.4% |
| Financial fixed assets28 | €739,013 | €739,013 | €739,013 | €739,013 | €739,013 | = |
| Current assets29/58 | €558,459 | €772,718 | €857,842 | €645,902 | €859,193 | ▲ 33.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €509,107 | - |
| Other amounts receivable291 | - | - | - | - | €509,107 | - |
| Amounts receivable within one year40/41 | €16,318 | €31,049 | €27,945 | €60,534 | €12,152 | ▼ 79.9% |
| Trade receivables40 | - | €29,819 | €27,945 | €58,842 | €6,583 | ▼ 88.8% |
| Other amounts receivable41 | - | €1,230 | €0 | €1,692 | €5,568 | ▲ 229% |
| Current investments50/53 | - | - | €375,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €542,141 | €740,750 | €454,017 | €583,855 | €336,981 | ▼ 42.3% |
| Deferred charges and accrued income490/1 | - | €918 | €880 | €1,513 | €953 | ▼ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.6m | €1.6m | €1.4m | €1.6m | ▲ 14.3% |
| Equity10/15 | €1.3m | €1.5m | €1.6m | €1.4m | €1.5m | ▲ 11.1% |
| Contributions10/11 | - | €370,000 | €370,000 | €370,000 | €370,000 | = |
| Reserves13 | €891,563 | €1.1m | €1.2m | €1.0m | €1.2m | ▲ 15.2% |
| Non-distributable reserves130/1 | - | €37,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €37,000 | €0 | - | - | - |
| Distributable reserves133 | - | €1.1m | €1.2m | €1.0m | €1.2m | ▲ 15.2% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €35,909 | €47,491 | €66,581 | €45,295 | €95,826 | ▲ 112% |
| Amounts payable within one year42/48 | €35,524 | €47,491 | €66,581 | €44,453 | €94,183 | ▲ 112% |
| Trade debts44 | €5,126 | €1,107 | €1,972 | €3,018 | €10,155 | ▲ 237% |
| Suppliers440/4 | - | €1,107 | €1,972 | €3,018 | €10,155 | ▲ 237% |
| Taxes, remuneration and social security45 | - | €38,546 | €51,738 | €18,183 | €13,882 | ▼ 23.6% |
| Taxes450/3 | - | €38,546 | €51,738 | €18,183 | €13,882 | ▼ 23.6% |
| Other amounts payable47/48 | - | €7,838 | €12,871 | €23,252 | €70,145 | ▲ 202% |
| Accrued charges and deferred income492/3 | - | €0 | - | €843 | €1,643 | ▲ 94.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €127,940 | €254,919 | €280,457 | €171,147 | €211,720 | ▲ 23.7% |
| + Depreciation and write-downs630 | - | €3,462 | €8,742 | €14,737 | €11,855 | ▼ 19.6% |
| Operating cash flow (approximation) | €127,940 | €258,381 | €289,199 | €185,885 | €223,575 | ▲ 20.3% |
| Investment in fixed assets (approximation) | - | -€55,704 | -€2,509 | €0 | -€1,105 | - |
| Change in cash | - | €198,609 | -€286,733 | €129,838 | -€246,874 | ▼ 290% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €280,457 ▲10%
Net result €280,457, the highest in the series.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2007
Ground area
399 m²
Building footprint
399 m²
Volume, LiDAR
1,876 m³
Parcel 41342B0139/00P000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
GEORGES
since 20072.165.558.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0139/00P000 | Flanders | 399 m² | 1 · 399 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.87%
According to the annual accounts to 31-03-2025 of GEORGES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 11,723 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2007
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892024272
Also
9925:BE0892024272
Registered
14-07-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.